Compelo Insurance is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More
Close
Dismiss

21st Century Reports Q2, First Half Financials

For the six months ended June 30, 2009, the company reported net income of $1.08 million or $0.14 per share

21st Century Holding has reported results for the quarter ended June 30, 2009.

For the three months ended June 30, 2009, the company reported a net income of $784,254 or $0.10 per share, as compared to a net loss of $2.5 million or $0.31 per share in the same three month period last year.

For the six months ended June 30, 2009, the company reported net income of $1.08 million or $0.14 per share, versus net income of $1.8 million or $0.23 per share in the corresponding period last year.

Net premiums earned decreased $1.2 million or 7.7% to $14.3 million for the three months ended June 30, 2009, as compared to $15.5 million for the corresponding period last year.

Net premiums earned decreased $5.9 million or 17.3% to $28.2 million for the six months ended June 30, 2009, as compared to $34.1 million for the corresponding period last year.

The company, through its subsidiaries, underwrites commercial general liability insurance, homeowners’ property and casualty insurance, flood insurance, personal automobile insurance and commercial automobile insurance.